TrueConnect is a financial wellness voluntary benefit that is free for employers to offer and requires very little administration. TrueConnect offers employees safe, simple and affordable loans that does not use a credit score in the loan application process.
With TrueConnect's patented program, employees have an easy way to borrow money and a responsible plan to pay it back. Depending on the loan amount employees are looking for, they can privately apply for a personal loan online with either the no credit check or the credit check program with loan sizes from $1,000-$100,000. Funds will be directly deposited to a bank account within no more than 24 hours once approved.
Borrowers also receive 6 free financial counseling sessions, and all repayments are reported to three credit bureaus so borrowers with on-time payments may be able to build up their credit scores.
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